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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (21339)1/12/2002 12:02:14 PM
From: orkrious  Read Replies (1) | Respond to of 99280
 
aj, the one thing most people not paid by wall street seem to agree on is that we are going lower. The question is do we go higher first or have we seen the highs? With the exception of people already short, it seems like most shorts are waiting to get in. I wonder if the tremendous reversal we saw on Wednesday was it? That was quite a sentiment shift, and since then, Thursday and Friday were days where you could short any semiconductor rally and make money. There was clear distribution in semis, heretofore the strongest large segment of the market.